Be conservative on your rehab budget, rehab timeline, holding costs, etc.

Understand Auction Rules:Auctions typically require fast closings, often within 7-14 days, so confirm your financing aligns with this timeline.

When I asked why this was caught earlier, she responded, "Based on the timelines you provided, we had a team fail including me...

My parents would also not be opposed to cosigning, but I would prefer it be all on my own.If possible, what should the timeline be for this process? 

I’ve been in a similar situation where traditional hard money lenders limited deal flow, so I had to get creative.One strategy that worked well for me was leveraging 0% interest business credit lines for 12 months, which allowed me to fund multiple deals at once without relying solely on a lender’s timeline.

Sellers back out, timelines change, and circumstances shift.

Costs and Timeline: The process of splitting and developing lots can take time (1.5 years) and may involve significant costs for permits, construction, and other development fees.If you want to learn more about how SB-9 can work for situations like this, check out our website "CityStructure" for more info and helpful resources.

Then they will release the funds based on what is finished.7) Sell the home and payoff the loan / rent the home out and refinance the borrowed amount.Hope this helps give a simple time-line.

You'd want to work with the REIT sponsor and your CPA to understand the expected timeline for this a bit more.  

I was told ( I better hurry, the project is just about sold out) As of June, the project is still selling and now the timeline has moved to the right by another year, 2023-2024.